The Ho Chi Minh City Stock Exchange (HoSE) celebrated its 25th anniversary on July 28.

At its inaugural trading session on July 28, 2000, the Vietnamese stock market featured only two stocks and a market capitalization of only 0.2% of GDP.

Twenty-five years later, the market has seen significant growth, featuring 1,600 listed companies, with a combined stock and bond market capitalization reaching nearly 100% of the national GDP.

The number of securities companies has grown from six in 2000 to 78 in 2025.

Speaking at the anniversary ceremony in HCM City, Minister of Finance Nguyen Van Thang emphasized the market’s vital role in the nation’s economic fabric. 

From just two companies and 0.2% of GDP at inception, our capital markets now account for nearly 100% of GDP, becoming an important capital mobilization channel of the economy, he said.